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Detailed explanation-1: -At present, this extra level of security is available for transactions at SBI ATMs between 8 pm and 8 am. “Your transactions at SBI ATMs are now more secure than ever. SBI extends OTP based cash withdrawal facility to 24x7 for amount ₹10,000 and above from 18.09.

Detailed explanation-2: -Insert your ATM card into the machine and feed in your PIN. Enter the amount you wish to withdraw. If the amount is Rs 10,000 or more, you will receive an OTP on your registered mobile number. Enter the received OTP number received on your phone into the ATM machine.

Detailed explanation-3: -For withdrawals over Rs 10,000, the one-time password (OTP) based cash withdrawal option is available around-the-clock at all SBI ATMs. To complete their transactions when withdrawing money from an ATM, State Bank of India (SBI) customers must enter a one-time password (OTP).

Detailed explanation-4: -SBI customers should be aware of how the OTP-based cash withdrawal system will work, SBI said. According to the bank, the new rule is implemented only on withdrawals of Rs 10,000 and above. While withdrawing, customers have to enter the OTP along with the debit card PIN.

Detailed explanation-5: -Which bank has the highest ATM withdrawal limit? Morgan Stanley Bank currently has one of the highest ATM limits. It allows customers to withdraw $1,500 to $5,000 per day from an ATM, depending on the account type.